
FxWirePro: EUR/AUD vega put ratio spread to tackle high IV
Sep 01, 2015 07:48 am UTC| Technicals
The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance; the pair has now taken a trendline support exactly at 1.5598 which we had earlier anticipated....

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Sep 01, 2015 07:30 am UTC| Technicals Digital Currency
BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $228. Short term trend is bullish as long as support $198 holds. The minor resistance is around $240 and break above will take...
FxWirePro: NZD/USD long-term hedging framework on tepid Kiwi macros
Sep 01, 2015 07:10 am UTC| Technicals
As we anticipated earlier that the pair was to experience short term weakness and calendar spread was recommended on 24thAugust and weve been firm on this strategy, now look at their effects in weekly and daily charts but...
FxWirePro: Short side of USD/JPY call ratio spread – a run through
Sep 01, 2015 06:59 am UTC| Technicals
If you understand that any call option gives the holder the right, but not the obligation, to buy USDJPY at a predetermined price on a certain date, its time to think about the other side of that transaction. In order for...
FxWirePro: Sell USD/JPY on rallies around 120.45-50b with SL around 121 for the TP of 119.60
Sep 01, 2015 06:44 am UTC| Technicals
USD/JPY breaks short term support 120.50 which confirms short term weakness, a decline till 119.56 cannot be ruled out . Intraday major resistance is around 121. Any slight bullishness can be seen only above 121...

FxWirePro: AUD/JPY faces strong resistance around 87.35, good to sell on rallies
Sep 01, 2015 06:17 am UTC| Technicals
AUD/JPY has made a low of 81.89 on Monday and recovered till 87.15. Overall trend is weak as long as resistance 87.35 holds. Any break above 87.35 will take the pair to next target at 88.14/88.59. On the downside...
FxWirePro: Sell GBP/JPY on rallies around 185.80-85 with SL around 186.50 for the TP of 185/184.20
Sep 01, 2015 05:32 am UTC| Technicals
GBP/JPY made a high of 187.48 on Aug 28th and has started to decline from that level. Short term trend is still weak as long as resistance 186.50 holds. Any break above 186.50 will take the pair to next target around...